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Stock impact report

Unitil Reports First Quarter Earnings

UNITIL Corporation (UTL) 
Last unitil corporation earnings: 4/30 06:45 am Check Earnings Report
Company Research Source: GlobeNewswire
HAMPTON, N.H., May 07, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $27.2 million, or $1.69 in Earnings Per Share (EPS), for the quarter ended March 31, 2024, an increase of $3.1 million in Net Income, or $0.18 in EPS, compared to the same period in 2023. The Company’s Electric and Gas GAAP Gross Margins were $20.1 million and $50.2 million, respectively, for the first quarter of 2024. “We continued to deliver on our commitments to stakeholders with strong operational and financial performance in the first quarter,” said Thomas P. Meissner, Jr., Unitil’s Chairman and Chief Executive Officer. “Our successful response to multiple winter storms, steady progress on regulatory initiatives, and disciplined approach to cost management reflect the Company’s focus on our strategic priorities and creating long-term sustainable value.” Electric GAAP Gross Margin was $20.1 million in the three months ended March 31, 2024, a decrease of $0. Show less Read more
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